Comment: Reason

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I'm trying to find a good explanation why BitCoin is not sound. Saying it is a bubble without explanation is, imo, just speculation. I speculate that BitCoin is coming into it's own. It will find an equilibrium. What will that be? I suggest the market will decide. I understand citizens of Spain have been flocking to it. No doubt Cyprians now also. And what of all those "off shore accounts" people who have just been exposed. If I wanted a safer place than conventional banks/money, tell me why not BitCoin?